Amber Beverage Group has become the majority shareholder of JSC Latvijas balzams

November 3, 2014

Joint stock company “Latvijas balzams” informs that it has received notification from “S.P.I. Regional Business Unit” B.V. on loss of holding. According to the notification received from “S.P.I. Regional Business Unit” B.V., the company has lost its holding (89,53% from Joint stock company “Latvijas balzams”capital) on October 24, 2014.

“S.P.I. Regional Business Unit” B.V. has decided on foundation of limited liability company “Amber Beverage Group”. Company’s equity capital was paid up with the in-kind contribution. One of the subjects of in-kind contribution were the 6 711 940 stock of AS “Latvijas balzams” owned by founder “S.P.I. Regional Business Unit” B.V.

According to the notification received from limited liability company “AMBER BEVERAGE GROUP” the company has acquired its holding (89,53% from Joint stock company “Latvijas balzams” stock capital) on October 24, 2014.

Limited liability company’s “Amber Beverage Group” equity capital was paid up with the in-kind contribution. One of the subjects of in-kind contribution were the 6 711 940 stock of JSC “Latvijas balzams” owned by founder “S.P.I. Regional Business Unit” B.V.